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raffles medical group ltd (RFMD) Details

Raffles Medical Group Ltd operates as an integrated private healthcare provider in Singapore and the region. The company operates through three segments: Healthcare Services, Hospital Services, and Investment Holdings. It owns and operates a network of family medicine clinics, a tertiary care private hospital, dental clinics, and a healthcare insurance business. The company also operates a clinic network in Hong Kong and a medical center in Shanghai. Its flagship hospital is Raffles Hospital, a private tertiary hospital located in Singapore offering a range of specialist medical and diagnostic services for both inpatients and outpatients. The company was founded in 1976 and is based in Singapore.

raffles medical group ltd (RFMD) Top Compensated Officers

raffles medical group ltd (RFMD) Key Developments

Raffles Medical Group Ltd. Declares Interim Ordinary Dividend for the Financial Year Ending 31 December 2015, Payable on 31 August 2015

Jul 26 15

The Board of Directors of Raffles Medical Group Ltd. announced that for the financial year ending 31 December 2015, an interim ordinary dividend (one-tier tax exempt) of 1.5 Singapore cents per ordinary share has been declared, payable on 31 August 2015 to shareholders registered in the Share Transfer Books and Register of Members of the Company as at 5.00 p.m. on 19 August 2015. Notice is hereby given that the Share Transfer Books and Register of Members of the Company will be closed on 20 August 2015 on which day no share transfer will be effected. Duly completed registrable transfers received by the Company's Share Registrar, M & C Services Private Limited, 112 Robinson Road, #05-01, Singapore 068902, up to 5.00 p.m. on 19 August 2015 will be registered before entitlements to the dividend are determined.

Raffles Medical Group Ltd Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Jul 26 15

Raffles Medical Group Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of SGD 99.25 million compared to SGD 92.59 million for the same period a year ago. Profit from operating activities was SGD 19.16 million compared to SGD 18.73 million for the same period a year ago. Profit before tax was SGD 19.46 million compared to SGD 18.93 million for the same period a year ago. Profit for the period attributable to owners of the company was SGD 15.95 million compared to SGD 15.61 million for the same period a year ago. Diluted earnings per share were 2.78 cents compared to 2.78 cents for the same period a year ago. The company reported EBITDA of SGD 22.21 million against SGD 20.926 million for the same period a year ago. The company reported net asset value per share of SGD 100.56 against SGD 95.5 for the same period a year ago.
For the six months, the company reported revenue of SGD 194.28 million compared to SGD 180.15 million for the same period a year ago. Profit from operating activities was SGD 36.82 million compared to SGD 35.95 million for the same period a year ago. Profit before tax was SGD 37.37 million compared to SGD 36.36 million for the same period a year ago. Profit for the period attributable to owners of the company was SGD 30.93 million compared to SGD 30.17 million for the same period a year ago. Diluted earnings per share were 5.41 cents compared to 5.38 cents for the same period a year ago. Net cash flows used in operating activities was SGD 23.36 million compared to SGD 38.62 million for the same period a year ago. Purchase of property, plant and equipment was SGD 22.78 million compared to SGD 4.94 million for the same period a year ago.

Raffles Medical Group Ltd. announced the appointment of Mr. Lim Beng Chee to the Board of Directors with effect from 23 July 2015. Mr. Lim's last appointment within the CapitaLand Group was the Chief Executive Officer of CapitaMalls Asia Limited (CMA) from 2008 to 2014. Mr. Lim is currently a Director and Member of the Audit Committee in Changi Airports International Pte Ltd, and Director and Owner of Wind Group Pte Ltd.

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